The German sportswear maker cut ties with Kanye West last year after the rapper made several antisemitic comments.
Adidas AG plans to start selling off its inventory of Yeezy shoes to raise money for charity by the end of May, seven months after yanking the shoes, the company ADS, -3.30% said on Friday.
The value of Yeezy shoes in the resale market has rocketed since Adidas stopped producing them.
Adidas ended its partnership with Ye, formerly known as Kanye West, after he made a string of hateful and antisemitic remarks.
OutKick host Tomi Lahren weighs in on the group of sorority sisters who sued over a transgender member living in the house and Adidas' controversial swimsuit ad.  https://bit.ly/2D9Cdse Watch more Fo
A swimsuit labeled under "Women's" on Adidas' website, appears to be modeled by a male, who has apparent chest hair and a bulge in the photos.

Adidas will sell Yeezy shoes after all

08:20am, Friday, 12'th May 2023
Adidas has decided what it's going to do with its unsold Yeezy merchandise.
Instead of burning excess Yeezy inventory, Adidas plans to sell some of it and donate the money to charity.
Adidas has finally disclosed what it's going to do with its millions of unsold pairs of Yeezy shoes left over after the brand dissolved its deal with rapper and designer Kanye West last year.
Adidas CEO Bjørn Gulden suggested that part of the company's unsold Yeezy inventory could be sold, while the rest may be donated to organizations.
Adidas plans to auction off an estimated €1bn of unsold Yeezy trainers and donate the gains to charity. The German sportswear giant's chief executive, Björn Gulden, informed shareholders of the pl
A leading shareholder in Adidas is going to ask the apparel maker to disclose the results of its internal investigation into its handling of misconduct allegations against Kanye West, a report says.
Adidas AG (OTCQX:ADDYY) Q1 2023 Earnings Conference Call May 5, 2023 9:00 AM ET Company Participants Sebastian Steffen - SVP, IR Bjorn Gulden - CEO & Head, Global Brands Harm Ohlmeyer - CFO Conference

Adidas's New CEO Shows Good Form

12:40pm, Friday, 05'th May 2023
Adidas Chief Executive Bjørn Gulden can't quite hit the ground running yet, but his first move—setting a low bar—is turning out to be a pretty solid strategy for the company's stock.
Seven months after Adidas cut ties with Ye, the break-up continues "hurting" the brand, the CEO said as boxes of once-popular Yeezy shoes are still piling up in warehouses. The German sportswear compa
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